SHIB Price Shows Signs of Reversal as Whale Moves 353.83B Tokens from Binance

A smart whale recently withdrew 353.83 billion Shiba Inu (SHIB) tokens, valued at $6.6 million, from Binance. The whale currently holds 838.87 billion SHIB, worth $15.5 million. This significant move suggests substantial profit-taking, with the whale’s profit on SHIB totaling $6.12 million. Shiba Inu’s price is currently $0.000019, showing a 1.09% increase in the last […]

The post SHIB Whale Withdraws $6.6M from Binance Amid Signs of Potential Reversal appeared first on Coin Edition.

SHIB Price Shows Signs of Reversal as Whale Moves 353.83B Tokens from Binance

  • A whale’s withdrawal of 353.83B SHIB ($6.6M) from Binance highlights substantial profit-taking, with a total profit of $6.12M.
  • Shiba Inu’s RSI at 33.36 suggests an oversold condition, hinting at a potential price reversal despite a current bearish MACD.
  • SHIB’s growing real-world utility is evident as it is accepted by businesses globally for various services, enhancing its credibility.

A smart whale recently withdrew 353.83 billion Shiba Inu (SHIB) tokens, valued at $6.6 million, from Binance. The whale currently holds 838.87 billion SHIB, worth $15.5 million. This significant move suggests substantial profit-taking, with the whale’s profit on SHIB totaling $6.12 million.

Shiba Inu’s price is currently $0.000019, showing a 1.09% increase in the last 24 hours. The 24-hour trading volume is $287,756,352, and the market cap stands at $11,068,224,708. The circulating supply of SHIB coins is 589,271,341,245,552.

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The post SHIB Whale Withdraws $6.6M from Binance Amid Signs of Potential Reversal appeared first on Coin Edition.